$2,672 Closing Credit*
$225,000
1,985 SqFt
3 Beds
•2 Full Baths
Denise Edwards, Listing Office: C-21 Country Knolls
Is Oxford, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Oxford was a Seller's Market.
Key Takeaway
Oxford is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Oxford, NC
How much do homes in Oxford, NC cost?
Median Sold Price
$285,000
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$14,900(-5.0%)
Key Takeaway
Homes in Oxford have sold for 5% less than they did a year ago.
Summary: The median home sold price in Oxford was $285,000 in November 2024, down 5% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $50K | - | N/A |
| 2 Bedrooms | $169.5K | $225K | +32.7% |
| 3 Bedrooms | $280K | $281.5K | 0.5% |
| 4 Bedrooms | $414.9K | $326K | -21.4% |
| 5+ Bedrooms | $305K | $424.9K | +39.3% |
Summary: Oxford housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 32.7%, 3 bedroom homes increased by 0.5%, 4 bedroom homes decreased by 21.4%, and 5+ bedroom homes increased by 39.3%.
Median Sold Price Compared To Nearby Cities
| Oxford | $299.9K | $285K | -5.0% |
| Oxford Township | $299.9K | $285K | -5.0% |
| Fishing Creek Township | $274.9K | $260K | -5.4% |
Housing Supply in Oxford, NC
How many homes are available in Oxford, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 58 | 68 | +17.2% |
Summary: The Oxford real estate market had 68 homes for sale in November 2024, a 17.2% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 2 | +100.0% |
| 2 Bedrooms | 10 | 10 | 0.0% |
| 3 Bedrooms | 34 | 37 | +8.8% |
| 4 Bedrooms | 11 | 15 | +36.4% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Oxford housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 36.4%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 8 | -20.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Oxford, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 8 homes were sold or pending in Oxford in November 2024, down by 20.0% month-over-month. Of the 8 sold homes, 38% were sold under asking, 50% were sold at asking, and 13% were sold over asking.
Days on Market for Oxford, NC
How long does it take to sell a home in Oxford, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 83 Days | 40 Days | -52.1% |
Summary: Homes in Oxford had an average of 40 days on market in Nov 2024, down by 52.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Oxford are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 8 homes were sold in Oxford; 50% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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